ECB keeps rates unchanged, offers no guidance on next move
The European Central Bank kept interest rates unchanged as expected on Thursday and gave no hints about its next move, arguing that […]
Gold clings to record high on growing US rate-cut bets
Gold prices firmed on Thursday to hover near a record peak hit in the previous session, as traders ramped up bets of […]
Deutsche Bank criticized by German regulator for financial reporting error
Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement which did not meet international accounting standards, the German regulator BaFin […]
Diamonds in South Africa are losing their sparkle
Diamond mining in South Africa, historically pivotal to the economy and livelihoods of many across the country, faces challenges as production recently […]
Interest rate pain in South Africa sticking around
The South African Reserve Bank (SARB) is widely expected to keep interest rates on hold this week. According to Bank of America […]
Asterion to buy stake in Italy airports business from Ardian-Credit Agricole Assurance, sources say
Spanish fund Asterion has agreed to buy 49% of a holding company that owns several Italian airports from France’s Ardian and Credit […]
HSBC names veteran Elhedery as CEO, signals continuity in strategy
HSBC Holdings Plc (HSBA.L), opens new tab has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said on Wednesday, […]
SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate
SymphonyAI, a U.S. artificial intelligence company whose products help the likes of Pepsi predict demand and financial companies spot fraud, is preparing […]
Italy’s banks seek savings product comeback after retail state bond boom
As falling interest rates compress lending margins and dent bonds’ appeal, Italian banks are seizing the moment to woo retail savers back […]
Euro zone households seek loans again after two years – ECB
Euro zone households are applying for loans in growing numbers for the first time in two years as they grow more optimistic […]
Exclusive: PwC weighs halving of China financial services audit staff, say sources
PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter […]
Bitcoin soars to two-week high after Trump attack
Bitcoin surged to a two-week high on Monday after the attempted assassination of U.S. presidential candidate Donald Trump raised the odds of the former president, who […]